USD/JPY: dollar supported by Senkou Span B

USD/JPY: dollar supported by Senkou Span B

Technical levels: support – 113.00; resistance – 113.60, 114.00.

Trade recommendations:

  1. Buy — 113.50; SL — 113.30; TP1 — 114.00; TP2 — 114.40.

Reason: bullish Ichimoku Cloud, but falling Senkou Span A; a dead cross of Tenkan-sen and Kijun-sen; the prices are supported by Senkou Span B and may return to upper border of a Cloud.




Latest news

GBP/USD: confirmed "Thorn" pattern

The last "Pennant" pattern has been broken, so bulls found resistance at 1.2915. Nevertheless, the market is likely going to move on, so we should...


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